Planned Giving

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Strategic Giving – Now or Later? make a difference forever.

Giving Now vs. Planned Giving

Planned Giving is a set of ways a donor can leave money/assets to a nonprofit at his/her death; or a way to invest money so that the donor receives benefits during his/her life and then bequeaths the remaining funds to the nonprofit. It’s one thing to write a $25 check to your favorite charity. But imagine supporting it forever with an endowment fund.

You Can Do Both

A remarkable number of people who don’t consider themselves wealthy can create charitable funds and endowments for their favorite causes or nonprofits. So it’s not a matter of if, only when.

Can I Give Now?

The answer may be “yes” if you:

  • Are ready to start a charitable fund and have the $5,000 minimum ($100,000 for scholarship funds)
  • Are selling certain types of businesses or highly appreciated assets, like stocks or real estate, and face significant tax consequences
  • Have received a considerable inheritance and wish to pay tribute to your loved one
    Have a private foundation that is costing you too much to administer
  • Wish to establish a fund or endowment in honor of a family member or friend for a special occasion
  • Give to a fund that already exist at the Foundation

If so, you can start your fund right now.

Should I Wait Until Later?

Other charitable people are equally philanthropic, but their assets are tied up in their homes, IRAs and insurance policies. You may also be worried that you will outlive your savings. Planned giving may be right for you if you’re willing to consider charitable plans that:

  • Take place upon your death
  • Ensure your family and friends are first cared for
  • Guarantee you a lifetime stream of income

If so, visit our staff at the Community Foundation, we can work (for free) with your professional advisor to make your plan work for you.

Join Our Legacy Society

If you do write the Community Foundation of East Central Florida into your will or use another planned giving instrument, please let us know so we can recognize you in our Legacy Society.